ALUREPORT ISSUE 02/2024

"50"

50 issues from 2008 - 2024

The AluReport turns 50! To be precise, it has been 50 issues for 16 years. 

New: the AluReport can now also be subscribed to digitally!

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AMAG EXPANDS ROOFTOP-PV PLANT AND STRENGTHENS COMMITMENT TO DECARBONISATION AT THE RANSHOFEN SITE

Existing rooftop-PV plant to be doubled to around 120,000 square metres in partnership with Energie AG; annual energy production of 13.3 GWh for AMAG's own requirements

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AMAG and ImWind conclude pioneering long-term power supply agreement from wind power

  • AMAG and ImWind conclude one of the largest Power Purchase Agreements (PPA) for renewable energy in Austria
  • At the Ranshofen site, 20 percent of the current annual electricity demand will be covered by wind power from ImWind in the future 
  • AMAG consistently continues its commitment to decarbonisation and a responsible value chain
  • Start of a long-term partnership between AMAG and the Lower Austrian wind power pioneer
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AMAG AUSTRIA METALL AG: CHALLENGING ENVIRONMENT INFLUENCES QUARTERLY RESULT

  • Quarterly performance influenced by lower aluminium price and lower shipment volumes due to partly subdued incoming orders in Q4/2023
  • Revenue of EUR 335.8 million below the previous year's level due to price and volume factors (Q1/2023: EUR 404.8 million)
  • EBITDA of EUR 42.4 million above Q4/2023, but lower than in previous year’s quarter (Q1/2023: EUR 60.8 million)
  • Net income after taxes at EUR 13.3 million (Q1/2023: EUR 26.8 million)
  • Cash flow from operating activities of EUR 35.6 million at the previous year's level (Q1/2023: EUR 35.6 million)
  • Outlook for 2024: From today's perspective and assuming no significant global deterioration in the economic situation, full-year EBITDA is expected to be between EUR 150 million and EUR 180 million

 

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AMAG WINS AT AWARD CEREMONY: SPECIAL AWARDS FROM AIRBUS FOR INNOVATION, SUSTAINABILITY AND QUALITY

  • AMAG honoured for the third time in a row for outstanding quality and delivery reliability ("Accredited Supplier Award")
  • Special awards in the areas of innovation and sustainability 
  • AMAG's strategic focus on innovation and sustainability confirmed
     
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